FLU,
Again you are debating yourself. The decline isnt starting in CV. It started 18 months ago. Last year prices declined quite significantly between Winter and Spring. This year prices in Late Spring are flat from prices in the Winter. This wasnt the case last year. There probably arent enough data points for a real solid statisical analysis but that is what I am seeing along the NC coast. Once he get into August, demand should slow down and prices will suffer. I have never said anything different.
BTW, under $700K there are 3 active lstings and 4 pendings